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Chrysler posts first net profit since bankruptcy

Chrysler Group--the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years--on Monday reported its first net profit since emerging from bankruptcy in June 2009.

Chevy Malibu Eco hybrid is a tough sell

Most prospective Chevrolet Malibu buyers at Castle Chevrolet in suburban Chicago quickly decide that they don't want to pay nearly $3,000 more for the Eco mild-hybrid version. "For most people, it's hard to justify the extra money based on the extra fuel economy" of a combined 3 mpg more than the base model, says Jeff Tuckman, the dealership's inventory manager. "You've got the base LS model sitting next to it that's just as nice and luxurious." It's a problem flagged by many Chevy dealers.

Design Contest: Car Design Awards China 2011 launches

阅读本文中文版本请点击这里 CDN is pleased to announce the 2011 Car Design Awards China, a competition for students in China that aims to encourage the development of the next generation of domestic talent. The Awards are open to students of any discipline who are studying full-time at a college in China. They work to briefs set by OEMs, and their entries will be judged by a panel of distinguished senior designers whose career backgrounds are both inside and outside China.